Steps to Forming a Mississippi Corporation
Information We Need From You to Start Your Corporation
1: Select a Name: Your company name must include one of the following: Corporation, Incorporated, Company, Limited or one of the abbreviations Corp., Inc., Co., or Ltd.
2: Authorize Shares: Corporations are owned by shareholders. Shareholders own shares of stock in the corporation. Mississippi requires you to identify the amount of stock you intend to authorize, as well the class of shares. Typically, a corporation will authorize a small amount of stock, say 100 shares. You would then issue 51% of the shares to yourself at the first shareholders meeting, giving you control of the company. Most corporations issue only one class of stock: common stock.
3: Choose Management: Corporations are run by Directors. The Directors are in charge of setting major company policy, hiring corporate officers, issuing stock, and establishing salaries and bonuses. You would normally appoint yourself the sole Director and take on the roles of the corporate officers (President, Treasurer, Secretary).
4: Remaining Info Needed to File:
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Future effective date: if you want the official formation date of your corporation to be later than your filing date, you can specify a later day (not more than 90 days after filing).
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Registered Agent: all registered agents must maintain a physical street address within the state. This is known as a registered office (no PO boxes). Our Speedy filings come with one free year of Mississippi registered agent service by Northwest Registered Agent. This service keeps your home and office addresses off the public record and fulfills the registered agent, mailing and principal office address requirements.
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Steps to Forming a Mississippi LLC
Information We Need From You to Start Your LLC
1: Select a Name: Your company name must include the words Limited Liability Company or the abbreviation LLC or L.L.C. If you want to see if your company name is available, you can conduct a Mississippi business name search.
2: Membership: An LLC is owned by its members. Unlike a corporation, an LLC does not issue stock to its owners. Instead, members receive an ownership percentage, which is usually based upon the amount each member has invested into the company.
3: Choose Management: LLCs are most often managed by their members. The members partake in the business operations and also set the major policies of the company. In some cases, member choose to select a manager to oversee the business. Managers can be members, or they can be outside parties.
4: Remaining Info Needed to File:
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Future effective date: if you want your LLC’s official formation date to be later than your actual filing date, you can choose a later day (not to be more than 90 days after filing).
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Business email: your company’s email address.
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Federal Tax ID Number: if this number is available (cannot be a Social Security Number).
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Registered Agent: lawful registered agents must have a physical street address located within the state. This is called a registered office (cannot be a PO box). Speedy filings come with one free year of Mississippi registered agent service by Northwest Registered Agent. This service keeps your private home and office addresses off the public record and fulfills the registered agent, mailing and principal office requirements.
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Date of dissolution: if you want your LLC to be dissolved at a specific later date, you can indicate the particular day.
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Testimonials
“I don’t think that incorporating could have been made any easier on a business owner than you have made it. Thanks so much.” – Tim N., Clarksdale, Mississippi
“I’m very pleased with the service you provided – both customer service and LLC formation service. I’m glad I found your website.” – Oliver S., Biloxi, Mississippi
“Your service is first class all the way. Got my package today and was impressed with what I got for the price I paid.” – Keesha T., Pearl, Mississippi